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Defining Your Nonprofit KPIs

The Charity CFO

A key performance indicator (KPI) is a data metric you can use to gauge the overall success of your nonprofit organization. You can use KPI data to track your organization’s performance in various areas, such as finance or operations. How do you ensure you’re choosing the right KPIs for your organization?

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Program Management Statistics: 12 Stats and How to Use Them

Get Fully Funded

But for organizations that offer direct services to constituents, such as social services nonprofits, there’s another layer of complexity— impact measurement. By collecting essential metrics as part of your program management process, you’ll be able to use this information to: Identify program gaps and areas of need.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Or can your financial statements be a lens to view your organization and fuel the mission? In this post, we’ll walk through the most important financial statements, and explain the strategic benefit you can gain by pulling the maximum value from the data. cash, investments, receivables) and liabilities (e.g.,

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How to Define and Track Your Nonprofit Goals

The Charity CFO

Setting nonprofit goals is critical to growing in a manageable way that supports your mission and employees. And one of the most vital steps toward reaching those goals is setting up the proper system to track key aspects of your progress. Financial goals align with your nonprofit’s fundraising and expenses.

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Practical Steps for Implementing AI in E-Commerce

Nonprofit Marketing Insights by GlobalOwls

Knowing that AI can be useful for your business is, as they say, half the battle — knowing how and where AI should be applied is a different matter. This article will aim to provide you with insights into how you can integrate AI into your e-commerce storefront to personalize customer experiences and target advertising.

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Can Nonprofits Use QuickBooks?

The Charity CFO

And you might be wondering if you can use QuickBooks for your nonprofit accounting. Let’s dive into the benefits of using QuickBooks Online for your nonprofit and explore how to get the most out of the program. Generally, this includes having specific funds or categories where nonprofit revenue is allocated.

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The Basics of Nonprofit Bookkeeping

The Charity CFO

A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . Because nonprofit bookkeepers must manage restrictions, grants, and expenses in significantly more detailed ways than a for-profit bookkeeper. . Create invoices for goods, services, and donations. Manage payroll .